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<br />(a) Any snch agreements will not affect the amonnts that Borrower has agreed to pay for Mortgage
<br />Insnrance, or any other terms of the Loan. Such agreements will not increase the amount
<br />Borrower will owe for Mortgage Insnrance, and they will not ent�tle Borrower to any refund
<br />(b) Any such agreements will not affect the rlghts Borrower has -�if any - wYth reapect to the
<br />Mortgage Insurance nnder the Hom�wnere Protection Act of 1998 or any other law. These righ�
<br />may include the right to receive certain d�lsclosures, to request and obtain cancellaHon of the
<br />Mortgage Insarance, to have the Mortgage Insnrance terminated automatically, and/or to receive
<br />a refnnd of any Mortgage Insnrance premiams that were nnearned at the dme of such
<br />cancellation or termination.
<br />11. Asslgnme�tt of M Iscellaneous Prot�eds; Forfeiture. All Miscellaneous Praceeds aze hereby assignad to
<br />and shall be paid to Lender.
<br />If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the
<br />Properiy, if the restoration or repair is economic�lly feasible and Lender's security is not lessened. During
<br />such repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until
<br />Lender has had an opgorhmity to inspect such Progeriy to ensura the work has been completed to Lender' s
<br />satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and
<br />restoration in a single disbursement or in a series of progr�s payments as the work is completed. Unless an
<br />agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds,
<br />L,ender shall not be renuired to pay Borrower any interest or earnings on such Miscellan�us Proceeds. If the
<br />restoration or repair is not economically feasible or Lender's sec�mty would be lessened, the Miscellaneous
<br />Proceeds shall be applied to the sums secure� by this Sac�rity Instrument, whether or not then due, with the
<br />excess, if any, paid to Borrower. Such Miscellaneous Praceeds shall be applied in the order provided for in
<br />Section 2.
<br />In the event of a total taking, �ction, or loss in value of the Properiy, the Miscellaneous Proceeds shall
<br />be applied to the sums sec�ued by tlus Se�urity Instrument, whether or not then due, with the excess, if any,
<br />paid to Borrower.
<br />In the event of a partial taking, deslruction, ar loss in value of the Properly in which the fair market value of
<br />the Properiy immediately before tha pariial taldng, destruction, or loss in value is equal to or greater than the
<br />amount of the sums secured by ttus Security Instrument immediately before the partial taking, d�truction, or
<br />loss in value, unless Borrower and Lender othervvise agree in writing, the sums secured by this Security
<br />Instrument shall be reduced by the amount of the Miscellan�us Praceeds multiplied by the following
<br />fraction: (a) the total amount of the sums secured immediately before the partial taking, destruction, or loss
<br />in value divided by (b) the fair market value of the Property immediately before the partial taking,
<br />destruction, or loss in value. Any balance shall be paid to Borrower.
<br />In the event of a partial talring, destruction, or loss in value of the Properiy in wluch the fair market value of
<br />the Properiy immediately before tha partial taking, deshuction, or loss in value is less than the amount of the
<br />sums se�cured immediately before the partial taking, destruction, or loss in value, unless Borrower and
<br />I,ender otherwise agree in writing, the Miscellaneous Procceds sha11 be applied to the sums secured by this
<br />Security Instrument whether or not the svms are then due.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Bonower that the Opposing Party
<br />(as defined in the next sentence) offers to make an award to settle a claim for damagas, Bonower fails to
<br />respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply
<br />the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this
<br />2200244242 D VBANE
<br />NEBRASKA-Sh�gle FamOy-FanNe Mae/Freddle Mac UNIFORM INSTRUMENT WITH MERS Form 3038 7/01
<br />yry�p � VMPBA�NE) (1106)
<br />Woft�s Kluw� Flnanatel Servkes Paga 10 of 17•
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